Now India's AI game will become strong, China will get a big blow, this new record has been made

India has taken an important step in the semiconductor sector. This can give a big blow to China's semiconductor industry. Union Electronics and IT Minister Ashwini Vaishnav gave this information through a tweet on his social media platform X. He informed that American company Lam Research is going to invest more than Rs 10,000 crore in India. This will prove to be a big boon for India's semiconductor industry.
India can become a strong player
This move of India can make the country a strong player in the semiconductor industry. This can challenge China's dominance. China has a very large share in semiconductor production. If this investment in India increases, it can be a challenge for China. In 1990, America had a 37 percent share in semiconductor production. Whereas in 2020, China's share increased to 15 percent. By the year 2025, China's semiconductor production can reach 24 percent.
Preparations are being made for investment
This investment is being seen as a move forward towards the semiconductor vision of Prime Minister Narendra Modi. The Government of India has allocated a budget of about Rs 76,000 crore in the semiconductor sector. Under this, subsidy for 5 semiconductor units has been approved recently. This investment can make India a big player in the field of semiconductor production.
What is a semiconductor and why is it so important?
Semiconductors work as a powerful engine for artificial intelligence. You need any information fast, so semiconductors can process this information quickly. AI is completely dependent on semiconductors. This is because it processes data fast. It also stores it. In 2020, China's share increased to 15 percent. By the year 2025, China's semiconductor production can reach 24 percent.